Investor opportunity!
The home has recently been used as a rental. The foundation needs repaired for the home to continue being used as a rental per the city. Please see the attached estimates for the repair. The two-story would also make a nice single-family home. The house has plenty of living space on the main floor with a large living room, dining room, and kitchen. There are three nice bedrooms on the second floor and the attic could easily be finished for additional room. The home is being sold as is. The current taxes reflect the current owner’s nonprofit status. The lot is 0.06 making it easy to care for. Street parking. Immediate possession. All appliances in the home to remain with the property.
Sold for $42,000
$42,000
1245 5th Ave SE, Cedar Rapids, IA 52403
3beds
1,344sqft
Single Family Residence
Built in 1905
2,613 Square Feet Lot
$112,000 Zestimate®
$31/sqft
$1,374 Estimated rent
Home value
$112,000
$92,000 - $131,000
$1,374/mo
Zestimate® history
Owner options
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$1,374/mo
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$1,374/mo
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$231/mo
Est. payment
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$231/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Deanna Howard 319-929-3836,
IOWA REALTY
Bought with:
Curtis Cleveland
Realty87
Source: CRAAR, CDRMLS,MLS#: 2405715
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room
Other
- Level: Second
Heating
- Forced Air, Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Refrigerator
Features
- Dining Area, Separate/Formal Dining Room, Upper Level Primary
- Has basement: Yes
Interior area
- Total interior livable area: 1,344 sqft
- Finished area above ground: 1,344
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 2,613 Square Feet
- Dimensions: 0.06
Details
- Parcel number: 142233401700000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Cedar Rapids
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $64,000
- Date on market: 8/16/2024
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/23/2026 | Listed for rent | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/13/2024 | Sold | $42,000-6.7%$31/sqft |
Source:  CRAAR, CDRMLS #2405715 Report a problem | ||
| 8/17/2024 | Pending sale | $45,000$33/sqft |
Source: CRAAR, CDRMLS #2405715 Report a problem | ||
| 8/16/2024 | Listed for sale | $45,000$33/sqft |
Source: CRAAR, CDRMLS #2405715 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $64,000 |
| 2024 | -- | -- |
| 2023 | -- | -- |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2020 | -- | -- |
| 2019 | -- | -- |
| 2018 | -- | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: Wellington Heights
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Nearby schools
GreatSchools rating
- 2/10Johnson STEAM Academy SchoolGrades: K-5Distance: 0.5 mi
- 3/10McKinley STEAM AcademyGrades: 6-8Distance: 0.2 mi
- 4/10George Washington High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Johnson
- Middle: McKinley
- High: Washington
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$112,000
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$114,240
- Iowa
- Linn County
- Cedar Rapids
- 52403
- Wellington Heights
- 1245 5th Ave SE
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